Funding you earn now, next payment 00:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.076%
Price spread now: Orderly against Coinbase International−0.116%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Orderly is 0.116% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International JTO-PERP-INTX | 0.5167 | 0.0320 | pay 0.0040% / 1h | 39m 17s | $66K | $123K | 25x |
| Short | Orderly PERP_JTO_USDC_mythos | 0.5161 | 0.0100 | get 0.0050% / 4h | 3h 39m | $4K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$46.2
- Price spread: −0.116% → 0.000%
- −$11.61
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$73.81
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 33 min ago; Orderly: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 33 min ago | 19.59 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
JTO on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit JTO_USDC-PERPETUAL | −0.0525% | 1h | 0.5160 | −0.135% | $13K | $11K | 10x | as long as short |
| Gate JTO_USDT | −0.0389% | 8h | 0.5164 | −0.058% | $914K | $1.2M | 75x | as long as short |
| OKX JTO-USDT-SWAP | −0.0073% | 4h | 0.5158 | −0.174% | $3.9M | $9.4M | 50x | as long as short |
| Paradex JTO-USD-PERP | −0.0008% | 8h | 0.5163 | −0.085% | $515 | — | 5x | as long as short |
| dYdX JTO-USD | 0.0000% | 1h | 0.5167 | 0.000% | $4K | $4K | 5x | as long as short |
| Reya JTORUSDPERP | 0.0000% | 1h | 0.5539 | +7.205% | — | — | — | as long as short |
| Injective JTO/USDC PERP | +0.0033% | 1h | 0.4973 | −3.755% | $31 | $43K | 5.5x | as long as short |
| Lighter JTO | +0.0096% | 1h | 0.5159 | −0.163% | $101K | $187K | 10x | as long as short |
| Hyperliquid JTO | +0.0100% | 1h | 0.5169 | +0.033% | $7.1M | $3.0M | 5x | as long as short |
| Aster JTOUSDT | +0.0100% | 4h | 0.5165 | −0.040% | $173K | $177K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance JTOUSDT | +0.0100% | 4h | 0.5155 | −0.237% | $11.3M | $28.0M | 75x | as long as short |
| Bybit JTOUSDT | +0.0100% | 4h | 0.5158 | −0.174% | $7.5M | $13.6M | 50x | as long as short |
| Bulk JTO-USD | +0.0100% | 1h | 0.5140 | −0.529% | $56K | −$0 | 10x | as long as short |
| MEXC JTO_USDT | +0.0100% | 4h | 0.5161 | −0.116% | $7.0M | $3.6M | 50x | as long as short |
| KuCoin JTOUSDTM | +0.0100% | 4h | 0.5170 | +0.060% | $1.6M | $599K | 20x | as long as short |
| Bitget JTOUSDT | +0.0100% | 4h | 0.5161 | −0.116% | $2.5M | $2.4M | 50x | as long as short |
| BingX JTO-USDT | +0.0100% | 4h | 0.5161 | −0.116% | — | $67.9M | — | as long as short |
| Variational Omni JTO | +0.0100% | 4h | 0.5173 | +0.110% | $226K | $302K | — | as long as short |
| Orderly PERP_JTO_USDC_mythosshort | +0.0100% | 4h | 0.5161 | −0.116% | $4K | $2K | 10x | |
| Extended JTO-USD | +0.0104% | 1h | 0.5158 | −0.170% | $521K | $1.6M | 10x | as long as short |
| GMX JTO/USD [WBTC.b-USDC] | L +0.0224% / S −0.2181% | 1h | 0.5163 | −0.069% | $2K | — | 50x | as long as short |
| Kraken Futures PF_JTOUSD | +0.0247% | 1h | 0.5162 | −0.088% | $349K | $312K | 25x | as long as short |
| Phoenix JTO | +0.0312% | 1h | 0.5189 | +0.426% | $373K | $262K | 5x | as long as short |
| Coinbase International JTO-PERP-INTXlong | +0.0320% | 1h | 0.5167 | long leg | $66K | $123K | 25x | |
| BloFin JTO-USDT | +0.0340% | 4h | 0.5153 | −0.271% | $618K | $603K | 75x | as long as short |
| Backpack JTO_USDC_PERP | +0.0612% | 1h | 0.5171 | +0.081% | $225K | $463K | 10x | as long as short |
Coinbase International JTO-PERP-INTX
Deribit JTO_USDC-PERPETUAL
Gate JTO_USDT
OKX JTO-USDT-SWAP
Paradex JTO-USD-PERP
Injective JTO/USDC PERP
Lighter JTO
Hyperliquid JTO
Aster JTOUSDT
Binance JTOUSDT
Bybit JTOUSDT
Bulk JTO-USD
MEXC JTO_USDT
KuCoin JTOUSDTM
Bitget JTOUSDT
BingX JTO-USDT
Variational Omni JTO
Extended JTO-USD
GMX JTO/USD [WBTC.b-USDC]
Kraken Futures PF_JTOUSD
Phoenix JTO
BloFin JTO-USDT
Backpack JTO_USDC_PERP